Are Bankers' "Bizarre" Choices Spoiling the IPO Market?

PEHub chats with Scott Sweet, senior managing partner at the advisory firm IPOboutique.com, who had this to say about why 2010's IPOs have been duds: "I question the rather unusual — you might even say bizarre — choices in companies that the underwriters are deciding to bring out right now. They’re bringing out, in many cases, PE-backed firms with enormous debt loads — in some cases, well over a billion dollars in debt.....Right now, it’s a buyers’ market and buyers don’t want debt-ridden companies, especially when many other companies with clean balance sheets are a value right now."